SBA Loans

 

SBA Financing

ICS SBA loans provide competitive rates for business owners that intend to occupy 51% or more of their business real estate location.

 

PURPOSE

Real estate purchase, refinance, new construction, tenant improvements, rehab


PROPERTY TYPES

Business Owner-Occupied 51% +

commercial real estate


LOAN SIZE

$350,001 - 5,000,000


TERM

5, 10, 25 - 30 Years


AMORTIZATION

25 - 30


RATES

Federal Prime + 2% - 3%

Rates are based on location, property quality, leverage, and building experience.


MAX LOAN-TO-VALUE

90%


PREPAYMENT

Yes


FEES / POINTS

SBA Fee of 3% - 3.75%


CLOSING TIME-FRAME

60 - 90 Days


FULL APPRAISAL

A full appraisal is required for all ICS SBA Loans

 

Commercial

Office

Retail

Industrial